4Filed Jul 29, 8:00 PM ET

Carter Bankshares Director Robert M. Bolton Sells 1,500 Shares

$CARE · Carter Bankshares, Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Carter Bankshares Director Robert M. Bolton Sells 1,500 Shares

What Happened
Robert M. Bolton, a director of Carter Bankshares, sold 1,500 shares of CARE stock in an open-market transaction on July 30, 2026. The shares were disposed at $34.60 per share for a total transaction value of $51,900. This was a sale (not a purchase or option exercise), which is often routine insider selling and does not by itself indicate the company’s outlook.

Key Details

  • Transaction date: July 30, 2026
  • Transaction type/code: Open-market sale (S)
  • Shares sold: 1,500 at $34.60 per share
  • Gross proceeds: $51,900
  • Shares owned after the transaction: Not specified in the provided filing
  • Footnotes/plan: No 10b5‑1 plan, tax‑withholding, or other special footnotes noted in the provided data
  • Filing timeliness: Report filed with the SEC on July 30, 2026 (no late filing indicated)

Context

  • Sales by directors can be routine (personal liquidity, portfolio rebalancing) and do not necessarily signal a change in company fundamentals.
  • For retail investors, purchases typically carry more weight as a bullish signal; this entry is a straightforward disposal with no additional context provided in the filing.